Michael Saylor’s bullish Bitcoin pledge lifts crypto markets

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City AM

By Darren Parkin Bitcoin is up 1.7% this morning after shooting past $30k before retracing and settling around $29.400. The move came after Bitcoin mega-whale Michael Saylor announced his plans to buy more Bitcoin. A lot of it.Ethereum has also been buoyed by Bitcoin’s movements and is up around 1.3%. Other large-caps have recovered somewhat from yesterday’s uncertainty, with SOL (Solana), ADA (Cardano) and AVAX (Avalanche) all in the green. In a filing with the SEC, Saylor’s company, MicroStrategy, announced plans to sell $750 million of shares, “to use the net proceeds from this offering for…

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